ETF Tracker StatSheet https://theetfbully.com/2019/02/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-02-07-2019/ Battling Back And Finishing Mixed [Chart courtesy of MarketWatch.com] Moving the markets For the second day in a row, the markets opened in red with the Dow down over 200 points, as yesterday’s issues (sluggish global growth and U.S.-China trade tensions) weighed heavy on sentiment. Especially the trade war was on traders’ minds, when Trump confirmed …
Global Growth Fears Stop Bullish Momentum
[Chart courtesy of MarketWatch.com] Moving the markets Right after the opening bell, the major indexes took a dive as a cocktail of global risks kept traders occupied. The usual suspects, namely U.S.-China trade tensions, the U.K Brexit and a sharp slowdown in Chinese growth, combined to put the bulls on notice that all may not be well with this world …
Equities Under Pressure
[Chart courtesy of MarketWatch.com] Moving the markets I guess nothing can ever really satisfy the traders/algos on Wall Street, who constantly need to be fed a fresh dose of stimulus in order to maintain the bullish mood. Apparently, it’s not enough that the Fed threw in the towel by doing a U-turn with their interest rate policy and in the …
A Whip-Saw Day But Bull Trend Strengthens
[Chart courtesy of MarketWatch.com] Moving the markets One look at the chart tells the story. An early rebound failed miserably with the S&P 500 dipping back into the red, then recovering and closing at the early high of the session. All eyes are now on the 200-day M/A, which today acted as overhead resistance. At 2,742 we are only some …
Tech Leads The Way And Posts Solid Gains
[Chart courtesy of MarketWatch.com] Moving the markets Despite a slow start, the major indexes picked up some steam and closed higher with technology leading the charge as the Nasdaq added +1.15%. Assisting the advance was a positive view of Alphabet’s (Google) upcoming quarterly report card and another round of earnings by some 97 members of the S&P 500. The markets …
ETF Tracker Newsletter For February 2, 2019
ETF Tracker StatSheet https://theetfbully.com/2019/01/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-01-31-2019/ Up For The Week But Running Out Of Steam For The Day [Chart courtesy of MarketWatch.com] Moving the markets Choppy and sloppy best describes the last trading day, a week during which the major indexes gained but ran out of steam, as an early rally faded into the close with the Dow coming off the high …